IBM Buying Algorithmics for $387M
September 1, 2011 This acquisition expands IBM's business analytics capabilities in the financial services industry.

Finra Finetunes Social Media Rules
August 24, 2011 Broker-dealers don't have to track every message sent through social media — only the ones that relate to business...

UAT Claims 75% Recapture Potential for iPerX System
March 30, 2011 Investors in externally managed and subadvised accounts could save about $1 billion a year in commissions paid to brokerage...

State Street Global Advisors to Buy Bank of Ireland Unit
October 26, 2010 State Street Global Adivsors of Boston will buy Bank of Ireland Asset Management for about $79.3 million, State Street...

Citi Launches Platform for Funds-of-Funds Servicing
October 14, 2010 Citigroup Inc. has become the second fund administrator to implement a new technology platform from youDevise specifically...

Morgan Stanley Teams with GlobeOp
October 5, 2010 Morgan Stanley, one of the largest sponsors of managed accounts in the United States, has outsourced its middle- and...

Wire Houses Dominate in 2Q SMA Assets
August 30, 2010 Wall Street wire houses continued to top the list of sponsors of separately managed accounts in the second quarter, according...

Finra Broker Reporting Plan Pummeled
August 19, 2010 Compliance and financial reporting experts are criticizing the Financial Industry Regulatory Authority's proposal for...

Bear Market Makes Failed Trades a Bigger Bottom-Line Concern at Fund Managers
July 21, 2010 The first blow in the fight against failures remains automating and speeding up otherwise paper-based communications between...

Ops-Exec Program in the Works
May 7, 2010 SIFMA is in discussions with the Securities and Exchange Commission and the Financial Industry Regulatory Authority to...